1957
1957
2011-07-08
act
publicgeneral
act.reprint
act-2011-027
allinforce
none
act-1957-001
a90a4ce1-dea9-493c-a1c5-fbf1c7b802af
78e1cbca-0bc8-4f53-9c52-f0b129c9e814
An Act to make uniform provisions as to interest
and other capital debt charges to the Treasurer in accordance with the Closer
Settlement Fund Act 1928 and certain other Acts; and for
purposes connected therewith.
1Name of
Act
This Act may be cited as the Capital Debt Charges Act
1957.
2Definitions
In this Act unless the context or subject-matter
otherwise indicates or requires:
Authority means a body corporate,
corporation sole or Minister of the Crown named in the second column of the
Schedule.
Loan
liability means any amount on which interest is payable to
the Treasurer in pursuance of any of the Acts specified in the third column of
the Schedule, and in respect of the State Mines Control Authority includes any
amount advanced by the Treasurer to that Authority.
Treasurer means the Colonial
Treasurer.
3This Act to prevail over
inconsistent provisions
Where the provisions of this Act are inconsistent
with the provisions of any of the Acts specified in the third column of the
Schedule the provisions of this Act shall prevail.
4Payment of interest, sinking
fund charges etc in respect of loan liabilities of certain
authorities
(1)
Each authority named in the second column of the
Schedule shall, as from the date set out in the first column of the Schedule
opposite to the name of such authority, pay to the Treasurer in respect of its
loan liability such amounts for interest, exchange, sinking fund
contributions, flotation expenses, discount, loan management expenses and
other charges as the Treasurer may from time to time determine:
Provided that the amounts so determined in any
year shall, unless the Treasurer otherwise directs, be the amounts chargeable
in that year.
(2)
Without otherwise limiting the Treasurer’s
power of determination the amounts so determined under subsection (1) shall
not exceed the amounts which the Treasurer calculates as being the amounts
which shall approximately recoup the State for interest, exchange, sinking
fund contributions, flotation expenses, discount, loan management expenses and
other charges paid or payable by the State in respect of the loan liability of
such authority.
(3)
Payments in accordance with the provisions of
subsection (1) shall be made in such amounts and at such times as the
Treasurer may from time to time direct.
Schedule
(Sections 3 and 4)
First
Column
Second
Column
Third
Column
1st
November 1956
Grain
Handling Authority of New South Wales.
Grain Handling Act
1954.
1st July
1956
The
Metropolitan Meat Industry Board.
Meat Industry Act
1915, as amended.
1st April
1957
The
Minister of the Crown administering the State Brickworks Act
1946.
State Brickworks Act 1946.
1st July
1956
The State
Mines Control Authority.
State Coal Mines
Act 1912, as amended.
The date
upon which the State Development and Industries
Assistance Act 1966 commences.
The
Minister, as a corporation sole, constituted by subsection (1) of section 9 of
the State Development and Industries Assistance Act
1966.
State Development and Industries Assistance Act
1966.
The day
that is three months after the appointed day within the meaning of the Teacher Housing Authority Act
1975.
Teacher
Housing Authority of New South Wales.
Teacher Housing Authority Act
1975.
The day
that is three months after the appointed day within the meaning of the Public Servant
Housing Authority Act 1975.
Public
Servant Housing Authority of New South Wales.
Public Servant
Housing Authority Act 1975.
The day
appointed and notified under section 2 (2) of the Tourism
Commission Act 1984.
Tourism
Commission of New South Wales.
Tourism Commission Act
1984.
Sch: Am 1966 No 10,
sec 38; 1970 No 26, sec 8; 1975 No 27, Sch; 1975 No 38, Sch; 1976 No 58, sec
32; 1980 No 109, sec 3; 1980 No 178, sec 3; 1984 No 47, sec 3; 1987 No 24, Sch
1; 1987 No 51, Sch 1; 1988 No 114, Sch 4; 1991 No 53, Sch 1; 1994 No 88, Sch
7; 1995 No 13, Sch 4; 1995 No 18, Sch 5; 1995 No 95, Sch 4; 1997 No 114, sec
8; 1999 No 31, Sch 3.4; 2011 No 27, Sch 2.6.
Historical
notes
Table of amending
instruments
Capital Debt Charges Act
1957 No 1. Assented to 25.3.1957. This Act has been
amended as follows:
1966
No
10
State Development and Country
Industries Assistance Act 1966. Assented to
22.3.1966.
Date of commencement, 1.5.1966, sec 1 (2) and GG No 43
of 29.4.1966, p 1748.
1970
No
26
Closer Settlement and Public Reserves
Fund Act 1970. Assented to 8.4.1970.
Date of commencement, 1.7.1970, sec 1 (2) and GG No 64
of 22.5.1970, p 1912.
1975
No
27
Teacher Housing Authority Act 1975.
Assented to 14.4.1975.
No
38
Public Servant
Housing Authority Act 1975. Assented to
16.4.1975.
1976
No
58
Tourist Industry Development Act
1976. Assented to 27.10.1976.
Date of commencement of sec 32, 1.12.1976, sec 2 (2) and
GG No 148 of 19.11.1976, p 5098.
1980
No
109
Capital Debt Charges (Transport
Authorities) Amendment Act 1980. Assented to
1.5.1980.
Date of commencement of sec 3, 1.7.1980, sec 2
(2).
No
178
Capital Debt Charges (Grain Handling)
Amendment Act 1980. Assented to 17.12.1980.
Date of commencement of sec 3, 6.4.1981, sec 2 (2) and
GG No 51 of 3.4.1981, p 1964.
1984
No
47
Capital Debt Charges (Tourism
Commission) Amendment Act 1984. Assented to
13.6.1984.
Date of commencement of sec 3, 1.2.1985, sec 2 (2) and
GG No 23 of 25.1.1985, p 331.
1987
No
24
New South
Wales Government Engineering and Shipbuilding Undertaking (Repeal) Act
1987. Assented to 5.5.1987.
No
51
Miscellaneous
Acts (Sydney Harbour Tunnel) Repeal and Amendment Act
1987. Assented to 28.5.1987.
1988
No
114
Transport Legislation (Repeal and
Amendment) Act 1988. Assented to 21.12.1988.
Date of commencement, 16.1.1989, sec 2 (1) and GG No 3
of 16.1.1989, p 277.
1991
No
53
Hunter Water Board
(Corporatisation) Act 1991. Assented to 11.12.1991.
Date of commencement of Sch 1, 1.1.1992, sec 2 and GG No
180 of 20.12.1991, p 10554.
1994
No
88
Water Board (Corporatisation) Act
1994. Assented to 12.12.1994.
Date of commencement of Sch 7, 1.1.1995, sec 2 and GG No
170 of 16.12.1994, p 7400.
1995
No
13
Ports Corporatisation and
Waterways Management Act 1995. Assented to
15.6.1995.
Date of commencement, 1.7.1995, sec 2 and GG No 79 of
30.6.1995, p 3435.
No
18
Electricity Legislation Amendment Act
1995. Assented to 19.6.1995.
Date of commencement of Sch 5, 30.6.1995, sec 2 and GG
No 79 of 30.6.1995, p 3434.
No
95
Energy Services Corporations Act
1995. Assented to 21.12.1995.
Date of commencement of the provision of Sch 4 relating
to the Capital Debt Charges Act
1957, 1.3.1996, sec 2 and GG No 26 of 1.3.1996, p
832.
1997
No
114
South-west Tablelands Water
Supply Administration (Repeal) Act 1997. Assented to
9.12.1997.
Date of commencement, 9.1.1998, sec 2 and GG No 4 of
9.1.1998, p 143.
1999
No
31
Statute Law (Miscellaneous
Provisions) Act 1999. Assented to 7.7.1999.
Date of commencement of Sch 3.4, assent, sec 2
(2).
2011
No
27
Statute Law (Miscellaneous
Provisions) Act 2011. Assented to 27.6.2011.
Date of commencement of Sch 2.6, 8.7.2011, sec 2
(2).
This Act has also been amended pursuant to an
order under secs 8 (2) and 9 (3) of the Reprints Act
1972 No 48 (formerly Acts Reprinting
Act 1972). Order dated 15.9.1978, and published in GG No
120 of 22.9.1978, p 4067, declaring that the Capital Debt
Charges Act 1957 is an enactment to which sec 8 (2) and
sec 9 (3) of the Acts Reprinting Act
1972 apply.
Table of
amendments
No reference is made to certain amendments made
by the Reprints Act
1972.
Sch
Am 1966 No
10, sec 38; 1970 No 26, sec 8; 1975 No 27, Sch; 1975 No 38, Sch; 1976 No 58,
sec 32; 1980 No 109, sec 3; 1980 No 178, sec 3; 1984 No 47, sec 3; 1987 No 24,
Sch 1; 1987 No 51, Sch 1; 1988 No 114, Sch 4; 1991 No 53, Sch 1; 1994 No 88,
Sch 7; 1995 No 13, Sch 4; 1995 No 18, Sch 5; 1995 No 95, Sch 4; 1997 No 114,
sec 8; 1999 No 31, Sch 3.4; 2011 No 27, Sch 2.6.